Mike Maharrey
Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.
Articles by Mike Maharrey
The Bureau of Labor Statistics finally managed to get the September CPI data together. The mainstream broadly characterized it as a good report.It wasn’t.But it was better than forecast, and in our world of politicized government data,...
You might imagine that a museum would be a pretty safe place to keep stuff like gold, silver, and jewels.Not in France.Just hours after the theft of French crown jewels from the Louvre, workers discovered that a different band of thieves...
Is silver overbought?Technically, yes. But that doesn’t mean the bull market is over, as some mainstream analysts would have you believe.From a technical standpoint, an asset is overbought when the price runs up extremely fast relative to...
For the first time in history, India’s largest precious metals refiner ran out of silver.A convergence of factors from market dynamics to logistical problems led to this unprecedented silver shortage. While the market dynamics that got us...
Could India be the straw that broke the silver camel’s back?Most people associate India with gold, but the country also ranks as the world’s top silver consumer.As we reported yesterday, one of the reasons for silver’s surge to record...
The price of silver has soared partly due to a massive, short squeeze and a shortage of available silver in London.As of Monday (Oct. 13) morning, silver was trading at $51.86.In simplest terms, a short occurs when somebody sells a...
On a recent video about “junk silver,” somebody commented, “I saw someone in another comments section make a joke that if they were paid in quarters back in the 60s, they could be a millionaire now.”There were a lot of laughing reactions...
Nobody in their right mind would hold their reserves in dollars.That’s the conclusion of Catalyst Funds CIO David Miller.And he’s right.Gold is up over 87 percent since January 2024 and is knocking on the door of $4,000 an ounce. But...
You can file this under things you already knew.Price inflation is worse than the official data indicates.Based on the Consumer Price Index (CPI), price inflation is running at 2.9 percent, with core inflation a little hotter at 3.1...
Want some silver?You might be able to get some with your phone, some hydrogen peroxide, and a bottle of cooking oil.Mind you, you won’t be able to use your phone ever again.But you’ll have silver!Researchers from the University of Helsinki...
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